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AMD nabs Apple graphics chip designer

AMD nabs Apple graphics chip designer
Advanced Micro Devices will soon announce it has hired a former Apple graphics chip designer to bolster its engineering leadership bench as it turns itself around, CNET has learned.

Raja Koduri, who most recently served as director of graphics architecture for Apple, will be rejoining AMD four years after leaving that company, people familiar with the hire told CNET. He will be taking on a role in AMD's graphics business, though it wasn't immediately clear to CNET what his title would be. AMD is expected to make the announcement next week.

The move is the latest in a … Read more

Petition for Verizon to go contract-less gains steam

Petition for Verizon to go contract-less gains steam

Verizon Wireless customers and, in some cases, critics have been signing a petition at a torrid pace, asking the company to go contract-less.

The petition on Change.org now has approximately 94,000 signatures, roughly 56,000 supporters shy of its goal of 150,000. The petition, created by "longtime Verizon customer" Mike Beauchamp of Wichita, Kan., has called the petition, simply, "Verizon: Get rid of contracts for wireless service."

"Getting rid of carrier contracts is a win for customers. Verizon's CEO, Lowell McAdam, has already expressed his willingness to do away with them … Read more

Dell confirms Blackstone drops takeover bid amid PC slump

Dell confirms Blackstone drops takeover bid amid PC slump
Blackstone Group has withdrawn its proposal to buy Dell for $25 billion, citing the weak PC maker and poor financial results, Dell confirmed today.

The private equity firm last month launched a bid for the computer maker to rival a $24.4 billion buyout offer from Silver Lake and Michael Dell. However, since that time, the troubles facing Dell have become more clear, causing Blackstone to drop its bid. News of the withdrawal was originally reported Thursday by some outlets.

Blackstone noted in a letter to Dell's special committee that a "unprecedented 14 percent market decline in PC volumeRead more

Blackstone reportedly withdraws $25B takeover bid for Dell

Blackstone reportedly withdraws $25B takeover bid for Dell

Private-equity firm Blackstone Group has reportedly ended its $25 billion takeover bid for Dell.

Blackstone, which last month launched a bid for the computer maker to rival a $24.4 billion buyout offer from Silver Lake and Michael Dell, withdrew its bid on Thursday, sources tell The Wall Street Journal and the Financial Times. The reasons for the withdrawal were not immediately clear.

CNET has contacted Blackstone for comment and will update this report when we learn more.

Blackstone submitted a tentative offer to buy the company after Dell announced in February its plans to take the company private via … Read more

Microsoft's Q3 profits up despite PC market slump

Microsoft's Q3 profits up despite PC market slump

In spite of declining PC sales and cautious chipmakers, Microsoft fared well in the third quarter.

The software giant reported third quarter revenue of $20.49 billion or 72 cents a share, missing analyst expectations on revenue by a fraction. Operating income was $7.61 billion while net income stood at $6.06 billion.

Wall Street expected Microsoft to report third quarter earnings of 68 cents a share on revenue of $20.5 billion. 

It's a bottom-line win, and a top-line loss.

Microsoft chief executive Steve Ballmer said … Read more

IBM earnings fall short as mainframe deals slip

IBM earnings fall short as mainframe deals slip

IBM's first quarter fell short of expectations as deals slipped into the second quarter. IBM's comments about a poor finish to the first quarter is becoming a common refrain among enterprise technology companies.

The company reported first-quarter earnings of $3 billion, or $2.70 a share, on revenue of $23.4 billion, down 5 percent from a year ago. Non-GAAP earnings for the first quarter were $3 a share.

IBM was expected to report first-quarter earnings of $3.05 a share on revenue of $24.6 billion.

CEO Ginni Rometty said that the company saw a strong start … Read more

Tech luminaries dominate Time's 100 Most Influential People

Tech luminaries dominate Time's 100 Most Influential People

Technology luminaries have once again found a home in Time's "100 Most Influential People In the World" series.

The list, which this year includes everyone from artist Jay-Z to Pope Francis, is filled with technology big shots including Jens Bergensten and Markus Persson, the creators of wildly popular PC title Minecraft; Perry Chen, CEO and co-founder of Kickstarter; and Google Ideas director Jared Cohen.

Technology leaders have always been staples on the Most Influential list, and such giants as Steve Jobs have made their way into the listing. This year's selection, however, appears to be a … Read more

It's about time: RuneScape dumps Java for HTML5

It's about time: RuneScape dumps Java for HTML5

RuneScape, a popular massive online swords-and-sorcery game, is at last dumping Java and becoming a Web app.

Jagex Games Studio released the first RuneScape 3 beta yesterday, embracing HTML5 and related Web standards that offer programmers a more modern option for writing software that runs on a variety of operating systems.

About time, I say. Java had some potential years ago, and it still has its place elsewhere in the computing world. But as a way to extend a browser's abilities, it's history. If the plague of Java security vulnerabilities weren't enough to convince you otherwise, the … Read more

Apple tries to patent tech behind iTunes U

Apple tries to patent tech behind iTunes U

The technology behind Apple's iTunes U, a repository of educational information for students and teachers, has been outed by the U.S. Patent and Trademark Office.

According to Patently Apple, which first to discover the patent application on Thursday, Apple filed for a patent on the technology that powers iTunes U. Interestingly, the technology in the patent application is called Virtual University, but Apple ostensibly decided it wasn't the right name for its service.

So, what does Apple's application describe? The application describes a method by which instruction information is displayed within a graphical user interface. The … Read more

Intel's CEO coy about hinting at Apple deal

Intel's CEO coy about hinting at Apple deal

Intel's CEO seemed to throw cold water on a chip deal with Apple in Tuesday's earnings conference call -- though it really depends on how you read his comments.

When asked about making processors based on the ARM design -- such as Apple's A series chips -- Paul Otellini was quick to dismiss the idea.

"No," was the short answer from Otellini. The longer answer stipulated "ground rules" where Intel "would not enable a chip competitor."

But Otellini did seem to leave an opening for his successor, depending how you choose … Read more

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